John Paulson sued his former Puerto Rico business partner, accusing him and several members of his family of siphoning millions of dollars from the hedge fund billionaire to finance a luxury lifestyle.
Fahad Ghaffar fraudulently billed to Paulson entities $3.4 million in personal expenses, including $147,000 in Louis Vuitton and Chanel shopping sprees, more than $600,000 in private jet travel and $20,000 for a single night of partying at Las Vegas’s Omnia night club, Paulson said in a suit filed Monday in federal court in Puerto Rico….
